Common use of Authority of Directors Clause in Contracts

Authority of Directors. In furtherance and not in limitation of the power conferred upon the board of directors by law, the board of directors shall have power to make, adopt, alter, amend and repeal from time to time by-laws of this corporation, subject to the right of the stockholders entitled to vote with respect thereto to alter and repeal by-laws made by the board of directors.

Authority of Directors. In furtherance furtherance, and not in limitation limitation, of the power powers conferred upon the by law, this corporation’s board of directors by law, will have the board of directors shall have power to make, adopt, alter, amend and repeal from time to time the by-laws of this corporation, subject to the right of the stockholders entitled to vote with respect thereto to alter and repeal by-laws made by the board of directors.

Authority of Directors. In furtherance of and not in limitation of the power conferred upon the board of directors by law, the board of directors shall have the power to make, adopt, alter, amend and repeal from time to time by-laws bylaws of this corporationthe Corporation, subject to the right of the stockholders entitled to vote with respect thereto to alter and repeal by-laws bylaws made by the board of directors.

Authority of Directors. In furtherance and not in limitation of the power conferred upon the board of directors by law, the board of directors shall have power to make, adopt, alter, amend and repeal from time to time by-laws bylaws of this corporation, subject to the right of the stockholders entitled to vote with respect thereto to alter and repeal by-laws bylaws made by the board of directors.